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Also traded in: Argentina, Brazil, Germany, Mexico, Switzerland, UK

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash to Debt 0.07
LMT's Cash to Debt is ranked lower than
88% of the 192 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.40 vs. LMT: 0.07 )
Ranked among companies with meaningful Cash to Debt only.
LMT' s Cash to Debt Range Over the Past 10 Years
Min: 0  Med: 0.48 Max: 0.78
Current: 0.07
0
0.78
Equity to Asset 0.06
LMT's Equity to Asset is ranked lower than
88% of the 197 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.39 vs. LMT: 0.06 )
Ranked among companies with meaningful Equity to Asset only.
LMT' s Equity to Asset Range Over the Past 10 Years
Min: 0  Med: 0.22 Max: 0.38
Current: 0.06
0
0.38
Interest Coverage 6.15
LMT's Interest Coverage is ranked lower than
74% of the 115 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 11.44 vs. LMT: 6.15 )
Ranked among companies with meaningful Interest Coverage only.
LMT' s Interest Coverage Range Over the Past 10 Years
Min: 8.07  Med: 12.30 Max: 16.45
Current: 6.15
8.07
16.45
F-Score: 7
Z-Score: 3.20
WACC vs ROIC
7.09%
20.25%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry
vs
history
Operating margin (%) 5.90
LMT's Operating margin (%) is ranked higher than
56% of the 197 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 4.78 vs. LMT: 5.90 )
Ranked among companies with meaningful Operating margin (%) only.
LMT' s Operating margin (%) Range Over the Past 10 Years
Min: 8.02  Med: 9.73 Max: 12.26
Current: 5.9
8.02
12.26
Net-margin (%) 7.81
LMT's Net-margin (%) is ranked higher than
76% of the 197 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 3.12 vs. LMT: 7.81 )
Ranked among companies with meaningful Net-margin (%) only.
LMT' s Net-margin (%) Range Over the Past 10 Years
Min: 4.9  Med: 6.48 Max: 7.93
Current: 7.81
4.9
7.93
ROE (%) 114.00
LMT's ROE (%) is ranked higher than
98% of the 182 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 4.89 vs. LMT: 114.00 )
Ranked among companies with meaningful ROE (%) only.
LMT' s ROE (%) Range Over the Past 10 Years
Min: 24.52  Med: 80.98 Max: 527.88
Current: 114
24.52
527.88
ROA (%) 8.77
LMT's ROA (%) is ranked higher than
87% of the 197 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.99 vs. LMT: 8.77 )
Ranked among companies with meaningful ROA (%) only.
LMT' s ROA (%) Range Over the Past 10 Years
Min: 6.85  Med: 8.51 Max: 10.61
Current: 8.77
6.85
10.61
ROC (Joel Greenblatt) (%) 103.77
LMT's ROC (Joel Greenblatt) (%) is ranked higher than
96% of the 196 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 8.13 vs. LMT: 103.77 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
LMT' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: 79.38  Med: 97.56 Max: 118.34
Current: 103.77
79.38
118.34
Revenue Growth (3Y)(%) 1.10
LMT's Revenue Growth (3Y)(%) is ranked lower than
54% of the 166 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 2.90 vs. LMT: 1.10 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
LMT' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -7  Med: 7.40 Max: 12.7
Current: 1.1
-7
12.7
EBITDA Growth (3Y)(%) 11.70
LMT's EBITDA Growth (3Y)(%) is ranked higher than
74% of the 128 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 2.30 vs. LMT: 11.70 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
LMT' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -25.5  Med: 6.15 Max: 29.6
Current: 11.7
-25.5
29.6
EPS Growth (3Y)(%) 12.60
LMT's EPS Growth (3Y)(%) is ranked higher than
71% of the 119 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 6.00 vs. LMT: 12.60 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
LMT' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -66.4  Med: 8.40 Max: 204.8
Current: 12.6
-66.4
204.8
» LMT's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2015

LMT Guru Trades in Q1 2015

Steven Cohen 85,200 sh (+56.62%)
First Eagle Investment 2,723,277 sh (+0.22%)
John Rogers 47,310 sh (unchged)
Ruane Cunniff 2,750 sh (unchged)
Jim Simons Sold Out
Manning & Napier Advisors, Inc 36,804 sh (-0.44%)
Joel Greenblatt 46,424 sh (-1.33%)
Tweedy Browne 149,917 sh (-3.93%)
Ken Fisher 3,292 sh (-13.14%)
Mario Gabelli 2,473 sh (-16.82%)
» More
Q2 2015

LMT Guru Trades in Q2 2015

Paul Tudor Jones 3,000 sh (New)
Joel Greenblatt 62,350 sh (+34.31%)
Manning & Napier Advisors, Inc 49,143 sh (+33.53%)
Mario Gabelli 2,473 sh (unchged)
Tweedy Browne 149,917 sh (unchged)
Ruane Cunniff 2,750 sh (unchged)
First Eagle Investment 2,686,799 sh (-1.34%)
John Rogers 46,610 sh (-1.48%)
Ken Fisher 2,975 sh (-9.63%)
Steven Cohen 170 sh (-99.80%)
» More
Q3 2015

LMT Guru Trades in Q3 2015

Signature Select Canadian Fund 15,000 sh (New)
Jim Chanos 35,879 sh (New)
Steven Cohen 28,600 sh (+16723.53%)
Ken Fisher 3,373 sh (+13.38%)
Jim Chanos 1,800 sh (unchged)
Mario Gabelli 2,473 sh (unchged)
Tweedy Browne 149,917 sh (unchged)
John Rogers 44,210 sh (-5.15%)
Ruane Cunniff 2,545 sh (-7.45%)
Manning & Napier Advisors, Inc 45,286 sh (-7.85%)
First Eagle Investment 2,382,731 sh (-11.32%)
Paul Tudor Jones 2,000 sh (-33.33%)
Joel Greenblatt 3,380 sh (-94.58%)
» More
Q4 2015

LMT Guru Trades in Q4 2015

Jeremy Grantham 1,580 sh (New)
Jim Simons 13,000 sh (New)
Ken Fisher 3,404 sh (+0.92%)
Mario Gabelli 2,473 sh (unchged)
Tweedy Browne 149,917 sh (unchged)
John Rogers 39,877 sh (-9.80%)
First Eagle Investment 1,816,802 sh (-23.75%)
» More
» Details

Insider Trades

Latest Guru Trades with LMT

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Guru Investment Theses on Lockheed Martin Corp

John Rogers Comments on Lockheed Martin Corp. - Sep 03, 2015

Defense and aeronautics company Lockheed Martin Corp. (NYSE:LMT) fell -7.68%, despite an earnings beat. Specifically, the company announced earnings of $2.74 per share; the Wall Street estimate had been $ 2.50. Revenues were actually a bit short of expectations, so the market took the stock down a bit, given its relatively full valuation. We continue to see it as a very high-quality enterprise with a strong competitive advantage.





John Rogers (Trades, Portfolio)' Ariel Focus Fund second quarter 2015 commentary.

Check out John Rogers latest stock trades

Meridian Funds Comments on Lockheed Martin Corp - Jun 20, 2014

Lockheed Martin Corp. (LMT) was the second largest contributor to Fund returns during the period. The company fared well as earnings grew better than expected despite budget related pressures on the defense industry. We believe that Lockheed Martin will experience continued earnings growth, and its low payout ratio indicates a strong possibility of future dividend increases.



From Meridian Funds's semi-annual report ended December 31, 2013.



Check out Meridian Funds latest stock trades

Top Ranked Articles about Lockheed Martin Corp

Weekly 52-Week Highs Highlight: Lockheed Martin, Accenture, Dow Chemical, Clorox A review of the recent performances of companies currently representing their yearly high stock prices.
According to GuruFocus list of 52-week highs, Lockheed Martin Corp. (NYSE:LMT), Accenture PLC (NYSE:ACN), Dow Chemical Co. (NYSE:DOW), and Clorox Co. (NYSE:CLX) have all reached their 52-week highs. Read more...
John Rogers Comments on Lockheed Martin Corp. Guru stock highlight
Defense and aeronautics company Lockheed Martin Corp. (NYSE:LMT) fell -7.68%, despite an earnings beat. Specifically, the company announced earnings of $2.74 per share; the Wall Street estimate had been $ 2.50. Revenues were actually a bit short of expectations, so the market took the stock down a bit, given its relatively full valuation. We continue to see it as a very high-quality enterprise with a strong competitive advantage. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 18.31
LMT's P/E(ttm) is ranked higher than
51% of the 255 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 18.26 vs. LMT: 18.31 )
Ranked among companies with meaningful P/E(ttm) only.
LMT' s P/E(ttm) Range Over the Past 10 Years
Min: 7.56  Med: 14.38 Max: 21.72
Current: 18.31
7.56
21.72
Forward P/E 15.46
LMT's Forward P/E is ranked lower than
80% of the 234 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 12.80 vs. LMT: 15.46 )
Ranked among companies with meaningful Forward P/E only.
N/A
PE(NRI) 18.31
LMT's PE(NRI) is ranked higher than
50% of the 175 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 18.31 vs. LMT: 18.31 )
Ranked among companies with meaningful PE(NRI) only.
LMT' s PE(NRI) Range Over the Past 10 Years
Min: 7.55  Med: 14.44 Max: 21.73
Current: 18.31
7.55
21.73
P/B 20.48
LMT's P/B is ranked lower than
99.99% of the 259 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.61 vs. LMT: 20.48 )
Ranked among companies with meaningful P/B only.
LMT' s P/B Range Over the Past 10 Years
Min: 2.95  Med: 8.12 Max: 783.08
Current: 20.48
2.95
783.08
P/S 1.43
LMT's P/S is ranked lower than
86% of the 260 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.83 vs. LMT: 1.43 )
Ranked among companies with meaningful P/S only.
LMT' s P/S Range Over the Past 10 Years
Min: 0.72  Med: 1.10 Max: 2.15
Current: 1.43
0.72
2.15
PFCF 24.51
LMT's PFCF is ranked lower than
61% of the 203 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 18.44 vs. LMT: 24.51 )
Ranked among companies with meaningful PFCF only.
LMT' s PFCF Range Over the Past 10 Years
Min: 6.26  Med: 13.40 Max: 49.98
Current: 24.51
6.26
49.98
POCF 18.42
LMT's POCF is ranked lower than
77% of the 257 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 11.47 vs. LMT: 18.42 )
Ranked among companies with meaningful POCF only.
LMT' s POCF Range Over the Past 10 Years
Min: 5.01  Med: 10.15 Max: 24.06
Current: 18.42
5.01
24.06
EV-to-EBIT 16.42
LMT's EV-to-EBIT is ranked lower than
60% of the 260 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 14.62 vs. LMT: 16.42 )
Ranked among companies with meaningful EV-to-EBIT only.
LMT' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.7  Med: 12.50 Max: 18.2
Current: 16.42
6.7
18.2
EV-to-EBITDA 13.95
LMT's EV-to-EBITDA is ranked lower than
86% of the 259 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 10.20 vs. LMT: 13.95 )
Ranked among companies with meaningful EV-to-EBITDA only.
LMT' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.8  Med: 10.70 Max: 15.5
Current: 13.95
5.8
15.5
PEG 2.44
LMT's PEG is ranked lower than
60% of the 58 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.75 vs. LMT: 2.44 )
Ranked among companies with meaningful PEG only.
LMT' s PEG Range Over the Past 10 Years
Min: 0.33  Med: 1.53 Max: 10.98
Current: 2.44
0.33
10.98
Shiller P/E 23.32
LMT's Shiller P/E is ranked lower than
57% of the 123 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 21.60 vs. LMT: 23.32 )
Ranked among companies with meaningful Shiller P/E only.
LMT' s Shiller P/E Range Over the Past 10 Years
Min: 12.72  Med: 21.78 Max: 75.53
Current: 23.32
12.72
75.53
Current Ratio 1.16
LMT's Current Ratio is ranked lower than
73% of the 195 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.54 vs. LMT: 1.16 )
Ranked among companies with meaningful Current Ratio only.
LMT' s Current Ratio Range Over the Past 10 Years
Min: 1  Med: 1.15 Max: 1.53
Current: 1.16
1
1.53
Quick Ratio 0.91
LMT's Quick Ratio is ranked lower than
56% of the 194 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.01 vs. LMT: 0.91 )
Ranked among companies with meaningful Quick Ratio only.
LMT' s Quick Ratio Range Over the Past 10 Years
Min: 0.62  Med: 0.89 Max: 1.06
Current: 0.91
0.62
1.06
Days Inventory 30.68
LMT's Days Inventory is ranked higher than
87% of the 182 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 116.39 vs. LMT: 30.68 )
Ranked among companies with meaningful Days Inventory only.
LMT' s Days Inventory Range Over the Past 10 Years
Min: 16.37  Med: 19.87 Max: 26.5
Current: 30.68
16.37
26.5
Days Sales Outstanding 63.78
LMT's Days Sales Outstanding is ranked higher than
54% of the 163 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 65.32 vs. LMT: 63.78 )
Ranked among companies with meaningful Days Sales Outstanding only.
LMT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.33  Med: 46.22 Max: 50.77
Current: 63.78
42.33
50.77
Days Payable 17.60
LMT's Days Payable is ranked lower than
92% of the 154 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 59.08 vs. LMT: 17.60 )
Ranked among companies with meaningful Days Payable only.
LMT' s Days Payable Range Over the Past 10 Years
Min: 12.39  Med: 19.00 Max: 22.4
Current: 17.6
12.39
22.4

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 2.98
LMT's Dividend Yield is ranked higher than
74% of the 258 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.93 vs. LMT: 2.98 )
Ranked among companies with meaningful Dividend Yield only.
LMT' s Dividend Yield Range Over the Past 10 Years
Min: 1.22  Med: 2.90 Max: 4.88
Current: 2.98
1.22
4.88
Dividend Payout 0.53
LMT's Dividend Payout is ranked higher than
86% of the 148 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.32 vs. LMT: 0.53 )
Ranked among companies with meaningful Dividend Payout only.
LMT' s Dividend Payout Range Over the Past 10 Years
Min: 0.15  Med: 0.30 Max: 1
Current: 0.53
0.15
1
Dividend Growth (3y) 19.10
LMT's Dividend Growth (3y) is ranked higher than
82% of the 84 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 4.60 vs. LMT: 19.10 )
Ranked among companies with meaningful Dividend Growth (3y) only.
LMT' s Dividend Growth (3y) Range Over the Past 10 Years
Min: -20.6  Med: 20.65 Max: 33.6
Current: 19.1
-20.6
33.6
Forward Dividend Yield 3.20
LMT's Forward Dividend Yield is ranked higher than
75% of the 236 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 2.09 vs. LMT: 3.20 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 7.35
LMT's Yield on cost (5-Year) is ranked higher than
84% of the 259 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 2.83 vs. LMT: 7.35 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
LMT' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 3  Med: 7.13 Max: 11.99
Current: 7.35
3
11.99
3-Year Average Share Buyback Ratio 1.70
LMT's 3-Year Average Share Buyback Ratio is ranked higher than
87% of the 134 Companies
in the Global Aerospace & Defense industry.

( Industry Median: -1.20 vs. LMT: 1.70 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
LMT' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -5.4  Med: 1.60 Max: 6
Current: 1.7
-5.4
6

Valuation & Return

vs
industry
vs
history
Price/Projected FCF 2.39
LMT's Price/Projected FCF is ranked lower than
78% of the 218 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.30 vs. LMT: 2.39 )
Ranked among companies with meaningful Price/Projected FCF only.
LMT' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.64  Med: 1.23 Max: 2.28
Current: 2.39
0.64
2.28
Price/DCF (Earnings Based) 1.18
LMT's Price/DCF (Earnings Based) is ranked lower than
57% of the 61 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.92 vs. LMT: 1.18 )
Ranked among companies with meaningful Price/DCF (Earnings Based) only.
N/A
Price/Median PS Value 1.78
LMT's Price/Median PS Value is ranked lower than
100% of the 256 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.93 vs. LMT: 1.78 )
Ranked among companies with meaningful Price/Median PS Value only.
LMT' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.4  Med: 0.94 Max: 1.82
Current: 1.78
0.4
1.82
Price/Peter Lynch Fair Value 1.59
LMT's Price/Peter Lynch Fair Value is ranked lower than
56% of the 108 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.43 vs. LMT: 1.59 )
Ranked among companies with meaningful Price/Peter Lynch Fair Value only.
LMT' s Price/Peter Lynch Fair Value Range Over the Past 10 Years
Min: 0.39  Med: 1.24 Max: 3.67
Current: 1.59
0.39
3.67
Earnings Yield (Greenblatt) (%) 6.04
LMT's Earnings Yield (Greenblatt) (%) is ranked higher than
66% of the 191 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 3.60 vs. LMT: 6.04 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
LMT' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 5.5  Med: 8.00 Max: 14.8
Current: 6.04
5.5
14.8
Forward Rate of Return (Yacktman) (%) 15.30
LMT's Forward Rate of Return (Yacktman) (%) is ranked higher than
72% of the 120 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 7.17 vs. LMT: 15.30 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
LMT' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: 4.8  Med: 16.10 Max: 34.8
Current: 15.3
4.8
34.8

More Statistics

Revenue(Mil) $46132
EPS $ 11.46
Beta0.77
Short Percentage of Float1.35%
52-Week Range $181.91 - 227.91
Shares Outstanding(Mil)307.30

Analyst Estimate

Dec16 Dec17 Dec18
Revenue(Mil) 50,121 49,118 53,440
EPS($) 12.15 13.33 14.83
EPS without NRI($) 12.15 13.33 14.83

Latest Earnings Webcast

» More Conference Calls

Business Description

Industry: Aerospace & Defense » Aerospace & Defense
Compare:BA, ERJ, EADSY, RYCEY, HON » details
Traded in other countries:LMT.Argentina, LMTB34.Brazil, LOM.Germany, LMT.Mexico, LMT.Switzerland, 0R3E.UK,
Lockheed Martin Corp was formed in 1995. It is a security and aerospace company. The Company is engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. It also provides a range of management, engineering, technical, scientific, logistics and information services. It serves both U.S. and international customers with products and services that have defense, civil and commercial applications, with its principal customers being agencies of the U.S. Government. The Company operates in five business segments: Aeronautics, Information Systems & Global Solutions (IS&GS), Missiles and Fire Control (MFC), Mission Systems and Training (MST) and Space Systems. The Aeronautics is engaged in the research, design, development, manufacture, integration, sustainment, support and upgrade of advanced military aircraft, including combat and air mobility aircraft, unmanned air vehicles and related technologies. The IS&GS provides advanced technology systems and expertise, integrated information technology solutions and management services across a broad spectrum of applications for civil, defense, intelligence and other government customers. In addition, IS&GS supports the needs of customers in data analytics, cyber security, air traffic management and energy demand management. The MFC provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics and other technical services; fire control systems; mission operations support, readiness, engineering support and integration services; and manned and unmanned ground vehicles. The MST provides ship and submarine mission and combat systems; mission systems and sensors for rotary and fixed-wing aircraft; sea and land-based missile defense systems; radar systems; the Littoral Combat Ship (LCS); simulation and training services; and unmanned systems and technologies. The Space Systems is engaged in the research and development, design, engineering and production of satellites, strategic and defensive missile systems and space transportation systems. Space Systems is also responsible for various classified systems and services in support of vital national security systems. The Company competes both domestically and internationally against the products and services of other large aerospace, defense and information technology companies, as well as numerous smaller competitors, particularly in certain of its services businesses. The Company's operations are subject to and affected by various federal, state, local and foreign environmental protection laws and regulations regarding the discharge of materials into the environment or otherwise regulating the protection of the environment.
» More Articles for LMT

Headlines

Articles On GuruFocus.com
Lockheed Martin: A Safe Stock in Market Carnage Jan 07 2016 
Aerojet Rocketdyne Is a Potential Value Creator Dec 11 2015 
Weekly 52-Week Highs Highlight: Lockheed Martin, Accenture, Dow Chemical, Clorox Nov 24 2015 
Three Reasons to Buy Lockheed Martin Nov 19 2015 
Retired Investors: Apply a Value Investing Strategy to Earn More Income, Higher Returns Nov 06 2015 
First Eagle Global Fund Q3 2015 Commentary Oct 22 2015 
John Rogers Comments on Lockheed Martin Corp. Sep 03 2015 
John Rogers' Ariel Focus Fund Second Quarter Commentary Sep 03 2015 
Oshkosh Corporation Is a Strong Buy and Hold Aug 26 2015 
Kelly Lawrence W & Associates' Top Buys of Q2 2015 Aug 24 2015 

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